Monday, July 14, 2008

Do Chip Owens' connections to a developer explain Carolyn Smith's big SEDC paychecks?

Deep Throat's advice seems to still be good 35 years later: Follow the money. Why would Carolyn Smith do what she did? Maybe she was doing what Artie Owen expected, in return for big paychecks.

Chairman Tied to Developer Sets SEDC President's Pay
July 11, 2008

The revelation this week that the chairman of a city of San Diego redevelopment department, Artie M. "Chip" Owen, is unilaterally in charge of setting the salary of a top city of San Diego redevelopment official has fueled further concerns regarding Owen's business ties to a developer and the potential conflicts it creates.

After a story Tuesday revealed a clandestine system of bonuses and extra compensation for the top officials at the Southeastern Economic Development Corp., Owen and SEDC President Carolyn Y. Smith said in a memo that Owen alone, as board chairman, is responsible for setting Smith's compensation...

Artie M. "Chip" Owen, the chairman of the SEDC board, sets the salary of the agency's president.

At the same time he has controlled Smith's salary, Owen has had financial ties to a company that has won several development deals from SEDC and is currently embroiled in a struggle over Valencia Business Park, a troubled project spearheaded by the agency.

No comments: